Shiba Inu Price Expectation Greater than 1 Cent: What are the Probabilities?
Shiba Inu Doesn't Give Up His 1 Cent Dream
Although the price has faced obstacles for some time, the hope of the community and investors remains high. As it is known, a large part of this hope consists of the "1 cent dream". Although such a rise in price is still a dream, if it comes true it will continue to make a large number of people millionaires.
Beyond the 1 cent target, SHIB is claimed to be increasingly likely to reach an even higher milestone: 1.5 cents. Amidst the uncertainty in the market, Telegaon, a renowned firm specializing in on-chain metrics and price predictions, offers insights into the future of SHIB. Their analysis shows that SHIB could exceed the $0.01 barrier between 2030 and 2040.
Telegaon's prediction takes into account various factors. These include ongoing and future trends as well as adoption rates.
Burns are very important in the SHIB ecosystem.
With a high circulating supply, it is necessary to send these tokens to a dead wallet. Additionally, if the Shiba Inu continues to grow in popularity and utility and the broader crypto market stabilizes and enters another bullish phase, reaching 1.5 cents within the next decade or two could become a reality.
“In my personal opinion, I expect it to attack again and reach 0.000075 before the end of June.” If these figures are exceeded, it may reach 0.00015.
It is definitely not investment advice.
